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MARKETABLE SECURITIES (Tables)
12 Months Ended
Jul. 01, 2023
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-for-Sale Marketable Securities The following table presents the company’s available-for-sale marketable securities as of July 1, 2023 and July 2, 2022:
Jul. 1, 2023
Amortized Cost BasisGross Unrealized GainsGross Unrealized LossesFair ValueShort-Term Marketable SecuritiesLong-Term Marketable Securities
(In thousands)
Fixed income securities:
Corporate bonds$99,501 $96 $(6,777)$92,820 $12,767 $80,053 
Government bonds29,777 — (1,913)27,864 — 27,864 
Total marketable securities$129,278 $96 $(8,690)$120,684 $12,767 $107,917 

Jul. 2, 2022
Amortized Cost BasisGross Unrealized GainsGross Unrealized LossesFair ValueShort-Term Marketable SecuritiesLong-Term Marketable Securities
(In thousands)
Fixed income securities:
Corporate bonds$96,167 $$(5,995)$90,180 $5,983 $84,197 
Government bonds30,070 — (302)29,768 — 29,768 
Total marketable securities$126,237 $$(6,297)$119,948 $5,983 $113,965 
Schedule of Available-for-Sale Debt Securities Held to Actual Maturity
As of July 1, 2023, the balance of available-for-sale securities by contractual maturity is shown in the following table on a fiscal year basis. Within the table, maturities of fixed income securities have been allocated based upon timing of estimated cash flows. Actual maturities may differ from contractual maturities because the issuers of the securities may have the right to prepay obligations without prepayment penalties.
Jul. 1, 2023
(In thousands)
Due in one year or less$12,767 
Due after one year through five years63,457 
Due after five years through ten years44,460 
Total$120,684